Capital City Bank Group, Inc.
Capital City Bank Group, Inc. (CCBG)
Overview
Capital City Bank Group, Inc. is a Tallahassee, Florida-headquartered financial holding company and one of Florida's largest publicly traded banking institutions, trading on Nasdaq under CCBG. As of fiscal year-end 2025, the company reported total assets of $4.385 billion, deposits of $3.662 billion, and shareowners' equity of $552.9 million, generating net income of $61.6 million for the year. Capital City operates 62 banking offices and 108 ATMs across Florida, Georgia, and Alabama, with Florida representing approximately 81% of revenue and Georgia and other markets contributing 17% and 2% respectively. The company employs approximately 902 full-time and 25 part-time associates, with an average associate tenure of 9.8 years and average management tenure of 24.3 years, reflecting a stable, relationship-oriented culture.
What They Do & How They Make Money
Capital City Bank Group operates as a single reportable segment built around two principal service lines. Banking Services (92.8% of revenue) provides traditional deposit and credit products — commercial and consumer lending, mortgage banking, and deposit accounts — to individuals and businesses across its three-state footprint. Wealth Management Services (7.2% of revenue) provides asset management, trust services, and securities brokerage, offering a smaller but higher-margin complement to the core banking business. The company earns the majority of its income from net interest margin on its loan and deposit book, supplemented by fee income from mortgage banking, trust administration, and brokerage commissions.
Competitive Landscape
Capital City competes against a broad field of Southeastern banking institutions, including larger national and super-regional banks with greater scale and marketing resources, other Florida and Georgia community banks, credit unions, and an increasing number of fintech providers offering digital-first banking alternatives. The company differentiates through community-focused, relationship-based service and deep local market knowledge in the Florida capital region and surrounding areas, countering the scale advantages of larger competitors with long-tenured local relationships.
Competitive Position
Capital City Bank Group's principal strength is its long-standing position as one of Florida's largest publicly traded community banks, backed by decades of local relationships and a notably stable, long-tenured workforce and management team — attributes that support customer retention and community trust that newer or more transient competitors cannot easily replicate. Its modest Wealth Management Services line adds a small measure of fee-income diversification beyond core banking. That said, the bank's core business remains largely a commodity deposit-and-lending franchise operating in a competitive, well-banked Southeastern market, without a structural cost or product advantage over larger regional peers, and its geographic concentration in Florida, Georgia, and Alabama leaves it exposed to regional economic cycles. Capital City's path forward depends on continuing to defend and grow local deposit share through relationship banking while selectively expanding its higher-margin wealth management offering.